NASDAQ:UCTT

Ultra Clean - UCTT Stock Forecast, Price & News

$35.14

-0.32 (-0.90%)

(As of 12/2/2022 12:00 AM ET)

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Today's Range: $34.44
▼
$35.34
50-Day Range: $24.85
▼
$35.63
52-Week Range: $23.32
▼
$60.49

Volume: 209,970 shs
Average Volume: 230,146 shs
Market Capitalization: $1.60 billion

P/E Ratio: 27.89
Dividend Yield: N/A
Price Target: $37.60

Ultra Clean MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 7.0% Upside
$37.60 Price Target
Short Interest: Healthy
1.81% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$774,979 Sold Last Quarter
Proj. Earnings Growth: -33.96%
From $3.74 to $2.47 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.67 out of 5 stars

Computer And Technology Sector

401st out of 633 stocks

Semiconductors & Related Devices Industry

58th out of 93 stocks

1.5

Analyst's Opinion

Consensus Rating
Ultra Clean has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $37.60, Ultra Clean has a forecasted upside of 7.0% from its current price of $35.14.
Amount of Analyst Coverage
Ultra Clean has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.81% of the outstanding shares of Ultra Clean have been sold short.
Short Interest Ratio / Days to Cover
Ultra Clean has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ultra Clean has recently decreased by 14.39%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ultra Clean does not currently pay a dividend.
Dividend Growth
Ultra Clean does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UCTT.

0.6

News and Social Media Coverage

Search Interest
5 people have searched for UCTT on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Ultra Clean to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ultra Clean insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $774,979.00 in company stock.
Percentage Held by Insiders
Only 2.10% of the stock of Ultra Clean is held by insiders.
Percentage Held by Institutions
78.56% of the stock of Ultra Clean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Ultra Clean are expected to decrease by -33.96% in the coming year, from $3.74 to $2.47 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ultra Clean is 27.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ultra Clean is 27.89, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 330.82.
Price to Book Value per Share Ratio
Ultra Clean has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ultra Clean (NASDAQ:UCTT) Stock

Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system. It also offers various industrial and automation production equipment; fluid delivery systems consist of one or more chemical delivery units, including PFA tubing, filters, flow controllers, regulators, component heaters, and an integrated electronic and/or pneumatic control system; precision robotic systems; top-plate assemblies; frame assemblies; process modules, a subsystem of semiconductor manufacturing tools that process integrated circuits onto wafers; and other high-level assemblies. In addition, the company provides tool chamber parts cleaning and coating services; micro-contamination analysis services for tool parts, wafers and depositions, chemicals, cleanroom materials, deionized water, and airborne molecular contamination; and analytical verification services for process tool chamber part cleaning. It primarily serves original equipment manufacturing customers in the semiconductor capital equipment and semiconductor integrated device manufacturing industries, as well as display, consumer, medical, energy, industrial, and research equipment industries. The company was founded in 1991 and is headquartered in Hayward, California.

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UCTT Stock News Headlines

November 16, 2022 | benzinga.com

Ultra Clean Holdings Chief Operating Officer Sold $175K In Company Stock

November 9, 2022 | seekingalpha.com

Ultra Clean Holdings' Downplayed China Sanctions Inconsistent With Peers And Customers

October 26, 2022 | seekingalpha.com

Ultra Clean Holdings, Inc. (UCTT) Q3 2022 Earnings Call Transcript

October 26, 2022 | msn.com

Ultra Clean Holdings: Q3 Earnings Insights

October 3, 2022 | finance.yahoo.com

Ultra Clean Announces Date of Third Quarter 2022 Financial Results

September 29, 2022 | nasdaq.com

Should You Think About Buying Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Now?

September 22, 2022 | investing.com

Suzhou TA&A Ultra Clean Technology Co Ltd (300390)

September 17, 2022 | finance.yahoo.com

Ultra Clean Holdings, Inc. (UCTT)

September 5, 2022 | finance.yahoo.com

Ultra Clean Holdings (NASDAQ:UCTT) shareholders are still up 113% over 3 years despite pulling back 9.9% in the past week

September 3, 2022 | nasdaq.com

Have Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Insiders Been Selling Their Stock?

September 1, 2022 | fool.com

Ultra Clean Holdings (NASDAQ: UCTT)

August 9, 2022 | nasdaq.com

Has Ultra Clean Holdings, Inc.'s (NASDAQ:UCTT) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

July 29, 2022 | msn.com

Recap: Ultra Clean Holdings Q2 Earnings

July 6, 2022 | finance.yahoo.com

Ultra Clean Announces Date of Second Quarter 2022 Financial Results

July 4, 2022 | finance.yahoo.com

Are Ultra Clean Holdings, Inc.'s (NASDAQ:UCTT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

June 24, 2022 | proactiveinvestors.com

Premier African Minerals surges after signing marketing and prepayment agreement

June 6, 2022 | finance.yahoo.com

Is Now The Time To Put Ultra Clean Holdings (NASDAQ:UCTT) On Your Watchlist?

April 30, 2022 | finance.yahoo.com

Earnings Miss: Ultra Clean Holdings, Inc. Missed EPS By 17% And Analysts Are Revising Their Forecasts

April 28, 2022 | seekingalpha.com

Ultra Clean stock hits over 1-year low as Q1 results fail to impress

April 27, 2022 | seekingalpha.com

Ultra Clean Holdings Inc (UCTT) CEO Jim Scholhamer on Q1 2022 Results - Earnings Call Transcript

April 26, 2022 | seekingalpha.com

Ultra Clean Holdings Q1 2022 Earnings Preview

April 26, 2022 | finance.yahoo.com

Entegris (ENTG) Beats Q1 Earnings and Revenue Estimates

March 28, 2022 | finance.yahoo.com

Ultra Clean Holdings (NASDAQ:UCTT) sheds 3.8% this week, as yearly returns fall more in line with earnings growth

March 23, 2022 | finance.yahoo.com

Snap Up These 4 Top-Ranked Liquid Stocks for Robust Returns

March 7, 2022 | finanznachrichten.de

Ultra Clean Holdings, Inc.: Ultra Clean Expands Global Footprint with New Facility in Cavan, Ireland, Creating Approximately 100 Jobs

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30 days | 90 days | 365 days | Advanced Chart

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UCTT Company Calendar

Last Earnings: 10/26/2021
Today: 12/04/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/22/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Semiconductor Equipment
Sector: Computer and Technology
Current Symbol: NASDAQ:UCTT
CUSIP: 90385V10
CIK: 1275014
Web: www.uct.com
Phone: (510) 576-4400
Fax: 510-576-4401
Employees: 7,066
Year Founded: 1991

Price Target and Rating

Average Stock Price Forecast: $37.60
High Stock Price Forecast: $44.00
Low Stock Price Forecast: $34.00
Forecasted Upside/Downside: +7.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.26
Trailing P/E Ratio: 27.89
Forward P/E Ratio: 9.40
P/E Growth: N/A
Net Income: $119.50 million
Net Margins: 2.40%
Pretax Margin: 4.39%
Return on Equity: 19.87%
Return on Assets: 9.05%

Debt

Debt-to-Equity Ratio: 0.56
Current Ratio: 2.79
Quick Ratio: 1.79

Sales & Book Value

Annual Sales: $2.10 billion
Price / Sales: 0.76
Cash Flow: $5.43 per share
Price / Cash Flow: 6.47
Book Value: $19.83 per share
Price / Book: 1.77

Miscellaneous

Outstanding Shares: 45,500,000
Free Float: 44,542,000
Market Cap: $1.60 billion
Optionable: Optionable
Beta: 2.00

Social Links

Key Executives

Mr. James P. Scholhamer (Age 56)
CEO & Director
Comp: $1.52M

Ms. Sheri L. Savage (Age 51)
Sr. VP of Fin. & CFO
Comp: $919.04k

Mr. Vijayan S. Chinnasami (Age 56)
Chief Operating Officer
Comp: $1.13M

Mr. William Joseph Williams (Age 49)
Pres of Products Division
Comp: $736.83k

Mr. William C. Bentinck (Age 61)
Pres of Services Division
Comp: $724.55k

Mr. Brian E. Harding CPA (Age 41)
Chief Accounting Officer

Mr. Jeff McKibben (Age 59)
Chief Information Officer

Ms. Rhonda M. Bennetto B.B.A.
Sr. VP of Investor Relations

Mr. Yoonku Cho (Age 44)
Gen. Counsel & Corp. Sec.

Cheryl Knepfler
Managing Director of Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UCTT Stock - Frequently Asked Questions

Should I buy or sell Ultra Clean stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ultra Clean in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" UCTT shares.
View UCTT analyst ratings or view top-rated stocks.
What is Ultra Clean's stock price forecast for 2023?: 1 equities research analysts have issued 12-month price targets for Ultra Clean's shares. Their UCTT share price forecasts range from $34.00 to $44.00. On average, they anticipate the company's share price to reach $37.60 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price.
View analysts price targets for UCTT or view top-rated stocks among Wall Street analysts.
How have UCTT shares performed in 2022?: Ultra Clean's stock was trading at $57.36 at the beginning of 2022. Since then, UCTT shares have decreased by 38.7% and is now trading at $35.14.
View the best growth stocks for 2022 here.
When is Ultra Clean's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our UCTT earnings forecast.
How were Ultra Clean's earnings last quarter?: Ultra Clean Holdings, Inc. (NASDAQ:UCTT) posted its quarterly earnings data on Tuesday, October, 26th. The semiconductor company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.06. The semiconductor company earned $553.60 million during the quarter, compared to analysts' expectations of $541.53 million. Ultra Clean had a trailing twelve-month return on equity of 19.87% and a net margin of 2.40%. The firm's revenue was up 52.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.67 earnings per share.
What guidance has Ultra Clean issued on next quarter's earnings?: Ultra Clean issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 2nd. The company provided EPS guidance of $0.94-$1.14 for the period, compared to the consensus EPS estimate of $1.05. The company issued revenue guidance of $600.00 million-$650.00 million, compared to the consensus revenue estimate of $620.71 million.

What is Jim Scholhamer's approval rating as Ultra Clean's CEO?: 35 employees have rated Ultra Clean Chief Executive Officer Jim Scholhamer on Glassdoor.com. Jim Scholhamer has an approval rating of 56% among the company's employees. This puts Jim Scholhamer in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Ultra Clean own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ultra Clean investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intelsat (I), Bank of America (BAC), Block (SQ), AMC Entertainment (AMC), Hello Group (MOMO), Cypress Semiconductor (CY) and Fossil Group (FOSL).
What is Ultra Clean's stock symbol?: Ultra Clean trades on the NASDAQ under the ticker symbol "UCTT."
Who are Ultra Clean's major shareholders?: Ultra Clean's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.19%), Vanguard Group Inc. (7.78%), Dimensional Fund Advisors LP (4.64%), State Street Corp (3.38%), Paradigm Capital Management Inc. NY (3.13%) and Royce & Associates LP (1.92%). Insiders that own company stock include Chris Siu, Clarence L Granger, David T Ibnale, Emily M Liggett, Jacqueline A Seto, James P Scholhamer, Jamie J Palfrey, Joan Sterling, Paul Yoonku Cho, Sheri Savage, Thomas T Edman, Vijayan S Chinnasami and William Joe Williams.
View institutional ownership trends.
How do I buy shares of Ultra Clean?: Shares of UCTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Ultra Clean's stock price today?: One share of UCTT stock can currently be purchased for approximately $35.14.
How much money does Ultra Clean make?: Ultra Clean (NASDAQ:UCTT) has a market capitalization of $1.60 billion and generates $2.10 billion in revenue each year. The semiconductor company earns $119.50 million in net income (profit) each year or $1.26 on an earnings per share basis.
How many employees does Ultra Clean have?: The company employs 7,066 workers across the globe.
How can I contact Ultra Clean?: Ultra Clean's mailing address is 26462 CORPORATE AVENUE, HAYWARD CA, 94545. The official website for the company is www.uct.com. The semiconductor company can be reached via phone at (510) 576-4400, via email at investors@uct.com, or via fax at 510-576-4401.

This page (NASDAQ:UCTT) was last updated on 12/4/2022 by MarketBeat.com Staff

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